How emergent strategy influences institution: a qualitative study of a private firm in China

2017 ◽  
Vol 11 (2) ◽  
pp. 303-321 ◽  
Author(s):  
Jing Zhao ◽  
Ming Wang ◽  
LiMin Zhu
Keyword(s):  
Qualitative Study ◽  
Emerging Market ◽  
Private Firm ◽  
Sources Of Information ◽  
Multiple Sources ◽  
Institutional Work ◽  
Content Type ◽  
Strategic Resources ◽  
Emergent Strategy ◽  
Focal Firm

Purpose Institutional work mainly focused on the purposive action of rational actors. However, the evolution of institution is not only affected by deliberate actions but also by emergent strategic patterns. Through a qualitative study of emergent aggression strategy in a Chinese leading private firm, Gome, this paper aims to explore the role of emergent strategy in institutional work. The paper finds that emergent strategy influences the normative and cognitive institution unconsciously and offers actors specialized identities. The present analysis also suggests that the emergent strategy-based institution needs a supporting and repairing system for maintenance. Design/methodology/approach This study primarily considers the micro aspect of emergent strategy and institutional work. It calls for detailed observation, interviews and archival materials which can make up a comprehensive in-depth picture. The authors remain skeptical to what people claim and try to get multiple sources of information. Also, the topic the authors deal with is relatively under-researched, and it is valuable to get explorative richness. Therefore, an interpretive qualitative approach is adopted to investigate actual events from “the native’s” perspective. Findings We found that an emergent strategy, which is realized but without previous plans, can also construct a “proto-type institution”, only in an unconscious way. The precondition is that the strategic resources of the focal firm are abundant enough for it to set the criteria of inter-organizational sanctions and rewards. In addition, the authors believe that supportive system and repairing system underpin the maintenance of established institutions. Originality/value First, by combining the research on emergent strategy to institutional work, the authors extend the scope of the latter by adding unconscious institutional work. Even if the agent-based view is adopted, rational actors can still influence the institution. Second, the authors explored the institutional outcome of emergent strategy, which fills the paucity of strategy process research. Third, aggression, the specific emergent strategy in this paper, can be turned into “plans for the future”. Its prevalence in the emerging market will attract more academic attention.

The influence of narrative disclosure readability, information ordering and graphical representations on non-professional investors' judgment: evidence from an emerging market

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Dalia Hussein El-Sayed ◽  
Eman Adel ◽  
Omar Elmougy ◽  
Nadeen Fawzy ◽  
Nada Hatem ◽  
...  
Keyword(s):  
Impression Management ◽  
Undergraduate Students ◽  
Emerging Market ◽  
Recency Effect ◽  
Graphical Representations ◽  
Sources Of Information ◽  
Multiple Sources ◽  
Content Type ◽  
Future Performance ◽  
Information Order

PurposeThis study examines whether manipulation in attributes of corporate narrative disclosures and the use of graphical representations can bias non-professional investors' judgment towards firms' future performance, in an emerging market context.Design/methodology/approachThe authors conduct three different experiments with a 2 × 2 between-subjects design, using accounting and finance senior undergraduate students to proxy for the non-professional investors.FindingsResults show that simple (more readable) disclosures improve non-professional investors' judgment towards firms' future performance. In addition, it is found that non-professional investors are prone to a recency effect from the intentional ordering of narrative information, when using complex (less readable) narratives. However, no primacy effect is found, when using simple (more readable) disclosures. The results further provide evidence that the inclusion of graphical representations, along with the manipulated narrative disclosures, can moderate the recency effect of information order, when using less readable and complex narrative disclosures.Research limitations/implicationsThe results reveal that although the content of corporate disclosures can be objective, neutral and relevant, manipulation in textual features and the use of graphical presentations, can interact to impact how non-professional investors perceive and process the disclosed information. This study provides an Egyptian evidence regarding this issue, as the majority of prior studies concentrate on developed capital markets. In addition, it contributes to prior studies evaluating the appropriateness of the Belief Adjustment Model predictions about the effect of textual presentation order on decision-making, by providing evidence from an emerging market.Practical implicationsResults attempt to increase the awareness of investors and encourage them to use multiple sources of information to avoid the probable bias that can result from management's manipulation of narratives. In addition, the study could be of interest to regulators and standard-setters, where the results reveal the need for guidelines and regulations to guide the disclosure of narrative information and the use of graphical information in corporate reports.Originality/valueTo the best of the authors' knowledge, this is the first study to examine the effect of two impression management strategies in narrative disclosures (readability and information order), along with the use of graphical representations, on non-professional investors' judgment in an emerging market, like Egypt.

Increasing productivity in the Big 4: a research note

2014 ◽  
Vol 9 (3) ◽  
pp. 297-302
Author(s):  
Chereen Pasha
Keyword(s):  
Research Note ◽  
Future Research ◽  
Employee Productivity ◽  
Sources Of Information ◽  
Multiple Sources ◽  
Business Professionals ◽  
Accounting Firms ◽  
Content Type ◽  
Big 4 ◽  
Development Data

Purpose – The purpose of this article is to examine the idea of increasing employee productivity and retention within the Big 4 accounting firms through the inclusion of sleeping pods to allow napping. Design/methodology/approach – I have reviewed multiple sources of information and data including Organisation for Economic Co-operation and Development data to conclude that allowing napping within Big 4 accounting firms could increase productivity. Findings – As a research note suggesting future research, I am hoping that future research shall find support for the idea that there may be a relationship between being well rested and increase in performance. Practical implications – Higher quality of workers will increase their productivity and the company’s profits. Conservative leaders in large audit firms may reject the idea of incorporating “energy pods”. New ideas always come with push back and criticism. Originality/value – Big 4 firms have developed a working system that could be improved to remove the negative stigma of overworking their employees. The value this research strives to reveal is a structure that reduces turnover and increases retention after two years. “Energizing pods” have been introduced into technology and airline companies. Taking naps in a fast-paced, stressful work environment is not common, but it is a concept that should further explored for the sake of business professionals.

Decision-making experiences of public library CEOs

2015 ◽  
Vol 36 (8/9) ◽  
pp. 644-652 ◽  
Author(s):  
Cheryl Stenstrom
Keyword(s):  
Decision Making ◽  
Information Science ◽  
Public Library ◽  
Library And Information Science ◽  
Evidence Based ◽  
Interpersonal Influence ◽  
Sources Of Information ◽  
Multiple Sources ◽  
Content Type ◽  
The Relationship

Purpose – The purpose of this paper is to explore and describe the decision-making practices of public library managers in the context of interpersonal influence and evidence-based information sources, and to investigate the relationship between models of evidence-based practice and interpersonal influence in the decision-making process of public library managers. Design/methodology/approach – Data were collected through short audio blog posts participants made about their everyday decisions and coded considering the facets of three existing evidence-based library and information practice (EBLIP) models as well as the facets of interpersonal influence. Findings – The findings show that public library CEOs decision-making behaviours reflect the use of a variety of practices from analytical to intuitive as is expected of managers in any sector; however, a stronger reliance on gathering objective information may be present than in other sectors. Seeking multiple sources of information and a tendency towards rationalism may indicate a more sophisticated approach to decision making, but be less indicative of the practices employed more broadly. A possible outcome of these tendencies may result in discordance with external partners and collaborators. Practical implications – The findings from this study may inform the work of associations, library and information science (LIS) educators, and library managers in developing strategic directions and instructional strategies within their organisations. It is also the first study to jointly examine models of interpersonal influence and evidence-based decision-making practices in any field. Originality/value – While the study of the decision-making practices of various groups is growing, little previous research has been conducted with public library managers, and none has been undertaken in Canada.

Russian stock market is unlikely to repeat 2019 gains

2020 ◽  
Keyword(s):  
Stock Market ◽  
Interest Rates ◽  
Stock Exchange ◽  
Emerging Market ◽  
Oil Prices ◽  
Output Growth ◽  
Private Firm ◽  
Annual Growth ◽  
Content Type ◽  
Russian Stock Market

Subject The Russian stock market. Significance The Russian stock market offered high returns last year, as the Moscow stock exchange posted the highest annual growth of any of its emerging-market peers. The momentum carried over into January and the market reacted positively to a change in government, but the spread of the new coronavirus hit global oil prices. Impacts Low and declining Russian interest rates will encourage further investment inflows into equities. New IPO issuance will improve large firms' financial firepower. Output growth by Novatek should keep it in top position as Russia's most valuable private firm.

Strategic change: the impact of senior foreign managers, firm size and uncertainty avoidance

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Kiattichai Kalasin
Keyword(s):  
Firm Size ◽  
Strategic Change ◽  
Emerging Market ◽  
Top Management Team ◽  
Uncertainty Avoidance ◽  
Management Team ◽  
Top Management ◽  
Content Type ◽  
Focal Firm ◽  
The Impact

Purpose This study aims to examine how senior foreign executives in a top management team catalyse strategic change in firms that originated from emerging markets (EMs). It further examines the moderating effects of organisational size and uncertainty avoidance (UA) on the positive relationship between senior foreign manager and strategic change in an organisation. Design/methodology/approach The panel data econometrics and multilevel analyses were adopted to run the model. The author tests hypotheses on 263 emerging market firms (EMFs), originating from nine EMs. Findings Empirical results reveal that senior foreign managers are active agents who can promote and implement strategic change in an organisation. They possess a different set of values, knowledge and experiences that can trigger strategic change. In addition, firm size and UA weaken the relationship between senior foreign manager ratio and strategic change of a firm.. Practical implications This study indicates that recruiting committees of EMFs should consider hiring senior foreign managers to foster a higher degree of strategic change. Nevertheless, firm size and UA may impose implementation difficulties for senior, foreign managers. As a result, the focal firm should be flexible and open to change. Originality/value This study aims to contribute to strategic change and top management team internationalisation literature by promoting the role of senior foreign managers and national culture on strategic change.

Learning from rivals: the memory-inconsistent strategy

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Chuandi Jiang ◽  
Jeffrey Muldoon ◽  
Hadi Alhorr
Keyword(s):  
Organizational Learning ◽  
New Ventures ◽  
Organizational Memory ◽  
Strategic Decision ◽  
New Venture ◽  
Multiple Sources ◽  
Content Type ◽  
Strategic Resources ◽  
Organizational Inertia ◽  
And Performance

PurposeThe purpose of this paper is to examine the role of competitive memory that assists the new ventures to overcome challenges due to the liability of newness in the strategic adaptation stage.Design/methodology/approachThis is a conceptual paper. Through a critical literature review on new venture survival and organizational memory, the authors identified the possibility for new ventures to learn from other firms from organizational learning and resource-based perspectives.FindingsThe authors found that new ventures can acquire and analyze the existing rivals' strategic moves documented in multiple sources, such as published yearbook, financial report, media, etc., and develop their own strategies. New ventures can also benefit from the relatively high degree of organizational inertia of existing rivals.Practical implicationsNew venture survival and performance are substantially affected by the initial organizational learning and strategic decision-making. Applying the memory-inconsistent strategy (MIS), new ventures that lack competitive experiences can learn from their rivals by internalizing the rivals' competitive memory as strategic resources and utilizing such resources to develop a competitive strategy.Originality/valueNew venture research in competitive markets focuses on the challenges and difficulties due to the lack of experiences, neglecting the fact that new ventures can learn from competitive memories of existing rivals. However, the lack of competitive experiences also means a lower degree of organizational inertia and other strategic commitments. The authors introduce the MIS and suggest that new ventures can benefit from strategic flexibility and create a temporary competitive advantage by surprising existing firms.

Information sources used by local police to estimate the scope and nature of sex trafficking

2019 ◽  
Vol 42 (6) ◽  
pp. 976-991
Author(s):  
Hyunjung Cheon ◽  
Charles M. Katz ◽  
Vincent J. Webb
Keyword(s):  
Sex Trafficking ◽  
Policy Implications ◽  
Data Sources ◽  
Sources Of Information ◽  
Multiple Sources ◽  
Content Type ◽  
Special Unit ◽  
Local Police ◽  
Police Agencies ◽  
The Usa

Purpose Although trafficking of persons for commercial sex has been increasingly recognized as a community level problem most estimates of the prevalence of sex trafficking in the USA are made by federal entities and vary depending on the data sources used. Little is known about how local police agencies assess and understand sex trafficking in their own communities. The paper aims to discuss this issue. Design/methodology/approach To help fill this gap, the current study using survey data from a sample of local police agencies across the USA (n=72) examines law enforcement agencies’ knowledge of and experience with addressing local sex trafficking problems in their jurisdiction. Findings The majority of police agencies reported that sex trafficking is a problem in their jurisdictions and that they have a special unit that has a primary responsibility for addressing sex trafficking issues. Agencies with a special unit tend to use multiple sources of information including official record, intelligence data and personal experience to estimate the community’s trafficking problems when compared to agencies without a unit; however, most of agencies primarily depend on their professional experience. Originality/value This is the first study to examine the data sources used by local police agencies to estimate the scope and nature of their community’s sex trafficking problem, and the findings have important policy implications for understanding the reliability and validity of these estimates, and for their potential use to develop and implement data driven responses to sex trafficking problems.

International strategies of emerging market firms

2010 ◽  
Vol 44 (9/10) ◽  
pp. 1410-1436 ◽  
Author(s):  
İrem Eren Erdoğmuş ◽  
Muzaffer Bodur ◽  
Cengiz Yilmaz
Keyword(s):  
Brand Management ◽  
Emerging Market ◽  
International Markets ◽  
Target Market ◽  
Firm Characteristics ◽  
Brand Performance ◽  
Content Type ◽  
Business Units ◽  
Strategic Resources ◽  
Emerging Market Firms

PurposeThis study aims to develop and test a theoretical model to delineate the effects of target market characteristics, firm characteristics and strategic resources, and product characteristics on standardization decisions in brand management of emerging market firms. The effects of standardization on brand performance in international markets are also to be explored.Design/methodology/approachThe study develops a model based on the extant literature and tests its relevance through a survey of eligible managers in charge of international brand operations of 94 strategic business units in Turkey.FindingsThe empirical findings indicate that several factors exist as significant drivers of standardization decisions at various levels of brand management. Interestingly, even though firm characteristics and strategic resources were found to be the most critical drivers of brand performance, standardization versus adaptation approaches did not have any significant impact on strategic brand performance.Originality/valueThe study takes a standardization perspective to strategic brand management in international markets and tests it from the perspective of emerging markets.

scholarly journals Capital market offenses in Malaysia

2018 ◽  
Vol 10 (2) ◽  
pp. 171-188
Author(s):  
Yoke Yue Kan
Keyword(s):  
Stock Market ◽  
Real Life ◽  
Market Manipulation ◽  
Sources Of Information ◽  
Financial Industry ◽  
Multiple Sources ◽  
Content Type ◽  
Share Prices ◽  
Self Interest ◽  
Life Context

Purpose The purpose of this study is to review and evaluate the salient features of stock market manipulation in Malaysia. The research questions used are: Who was involved? How it happened? What were the consequences? Design/methodology/approach This study has been conducted using content and thematic analysis. This study includes multiple sources of information to help establish the stylized facts and it uses cases that have been prosecuted in Malaysia for 2005-2015. Findings This study presents arguments and empirical data supporting the view that the stock market manipulation was conducted by those in a privileged position and with access to information. Ethical failure, involving greed, self-interest, dishonesty and a preoccupation with a quick profit, could explain why stock market manipulation happened. Manipulation harms legitimate investors, as share prices and earnings of companies are affected. Practical implications A better understanding about the prevalence, characteristics and consequences of the market manipulation problems will be useful for stakeholders, investors and policymakers in the financial industry for promoting and maintaining a fair, efficient and transparent stock market. Originality/value The originality of this paper lies in examining and presenting interpretations based on contemporary phenomenon within the real-life context of Malaysia. There is little study or literature that focuses on Malaysia, especially in examining stock market manipulation by integrating finance and management perspectives to form a comprehensive understanding of the issue.

Examining the gendered organizations: evidence of institutional discrimination

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Anselmo Ferreira Vasconcelos
Keyword(s):  
Historical Analysis ◽  
Sources Of Information ◽  
Multiple Sources ◽  
Gender Preferences ◽  
Level Indicator ◽  
Institutional Discrimination ◽  
Content Type ◽  
Gendered Organizations ◽  
Gender Based ◽  
The One

Purpose The purpose of this study is to examine how a group of special companies, i.e. highly acknowledged and awarded ones operating in Brazil handle the gender issue. Design/methodology/approach This investigation relies on historical analysis by addressing essentially a surface-level indicator (i.e. gender preferences). Rather, this study is grounded on data from the companies that were awarded as one of the best organizations to work for in Brazil by Época-Great Place to Work® Institute and Guia Você S/A lists (between 2012 and 2016). As a result, four organizations were selected, that is, the most representative examples of gender doing. Findings Overall, it found that the glass ceiling is apparently breaking down within at least some germane Brazilian organizations. However, data suggest that other sorts of institutional discrimination may be taking place, i.e. the one in which a feminist mindset may be permeating an organization or even a whole business sector. Under such a scenario, male workers will likely have only a few opportunities. Research limitations/implications The sample size of this study does not permit that the results be generalized. In addition, data were elicited from only a specific cohort of companies. Practical implications It was found no substantial evidence that these organizations are making strides toward at least mitigating the effects of their gender unbalance, although gender equality and, broadly speaking, diversity does not constitute a new management topic anymore. Originality/value Unlike other investigations, it encompasses a larger sample of companies, draws exclusively upon gender-based organizations and is grounded on multiple sources of information. Additionally, data revealed that gendered organizations may encompass different levels of salience.

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